3320 W 83rd AveAnchorageAK99502
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Anchorage at 3320 W 83rd Ave, Anchorage, AK, 99502 uses $38,123 cash to close to unlock $2,508/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $910/mo, and a $563/mo payment keeps the spread at $209/mo. Purchase price stands at $115,000, and rental yield measures 9.5% with $910/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 137.99% and total cumulative return in cash records $52,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $910/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99502, Anchorage, AK area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,767 (100%) |
| Owner Occupied HU | 6,303 (64.5%) |
| Renter Occupied HU | 2,788 (28.5%) |
| Vacant Housing Units | 676 ( 6.9%) |
| Median Home Value | $485,298 |
| Average Home Value | $523,908 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,017
Multi-Family
1,397
Businesses
324
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